Hungary: Currant And Gooseberry Market 2025

Currant And Gooseberry Market Size in Hungary

The Hungarian currant and gooseberry market amounted to $X in 2021, rising by 14% against the previous year. Over the period under review, consumption enjoyed a remarkable increase. Currant and gooseberry consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Currant And Gooseberry Production in Hungary

In value terms, currant and gooseberry production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate prominent growth. The growth pace was the most rapid in 2015 with an increase of 48% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

The average yield of currants and gooseberries in Hungary stood at X tons per ha in 2021, picking up by 2.6% on the previous year. In general, the yield indicated a noticeable increase from 2012 to 2021: its figure increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, currant and gooseberry yield decreased by -7.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the yield increased by 46%. Over the period under review, the average currant and gooseberry yield reached the maximum level at X tons per ha in 2018; however, from 2019 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of currants and gooseberries were harvested in Hungary; growing by 2.7% on 2020. Overall, the harvested area, however, saw a noticeable shrinkage. Over the period under review, the harvested area dedicated to currant and gooseberry production attained the maximum at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Currant And Gooseberry Exports

Exports from Hungary

For the third consecutive year, Hungary recorded decline in shipments abroad of currants and gooseberries, which decreased by -22.3% to X tons in 2021. Overall, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2014 with an increase of 61%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, currant and gooseberry exports soared to $X in 2021. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 57%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for currant and gooseberry exports from Hungary, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Romania stood at +181.5%.

In value terms, Romania ($X) also remains the key foreign market for currant and gooseberry exports from Hungary.

From 2012 to 2021, the average annual growth rate of value to Romania stood at +198.8%.

Export Prices by Country

In 2021, the average currant and gooseberry export price amounted to $X per ton, with an increase of 79% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2021, the rate of growth in terms of prices for Romania amounted to +5.3% per year.

Currant And Gooseberry Imports

Imports into Hungary

In 2021, the amount of currants and gooseberries imported into Hungary reached X tons, picking up by 11% on 2020. Over the period under review, imports, however, saw a sharp contraction. The most prominent rate of growth was recorded in 2016 with an increase of 199% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, currant and gooseberry imports expanded sharply to $X in 2021. Overall, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 199% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Spain (X tons) were the main suppliers of currant and gooseberry imports to Hungary, together accounting for 77% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +4.6%), while imports for the other leaders experienced a decline.

In value terms, the largest currant and gooseberry suppliers to Hungary were the Netherlands ($X), Italy ($X) and Spain ($X), together comprising 78% of total imports. Poland and Austria lagged somewhat behind, together comprising a further 22%.

In terms of the main suppliers, Austria, with a CAGR of +16.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average currant and gooseberry import price amounted to $X per ton, falling by -3.1% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 112% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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